National Insurance Association Explained

National Insurance Association
Formation:	1921
Headquarters:	Durham, North Carolina
Location:	United States
Membership:	African American Insurance Companies
Language:	English
Leader Title:	President

The National Insurance Association (NIA) is the largest organization representing African American owned and operated insurance companies.

History

In 1921, 60 men representing 13 African American owned insurance companies met at the home office of North Carolina Mutual Life Insurance Company in Durham, North Carolina to found the National Negro Insurance Association. C. C. Spaulding was elected the organization's first president.^[1]

In the 1950s, the name of the organization was changed to the National Insurance Association.

Past presidents of the organization include Theodore A. Jones, former director of the Illinois Department of Revenue and George A. Beavers Jr., board chairman of the Golden State Mutual Life Insurance Company.^[2]

Notes and References

1. Weathers . Diane . Earl G. . Graves . June 1976 . Black Enterprise . 6 . 11 . 111, 113–115, 117, 118, 177, 179, 180 . Earl G. Graves Publishing, Inc. . New York, New York .
2. John H. . Johnson . October 1962 . Why negroes buy life insurance:alert insurance association launches sales research program . Ebony . 17 . 12 . 142–144, 146 . Johnson Publishing Company, Inc. . Chicago, Illinois .